S&W Seed Co. (NASDAQ:SANW) – Equities researchers at Zacks Investment Research reduced their Q2 2017 EPS estimates for shares of S&W Seed Co. in a research report issued on Thursday. Zacks Investment Research analyst I. Gilson now anticipates that the brokerage will post earnings per share of ($0.01) for the quarter, down from their prior forecast of $0.02. Zacks Investment Research also issued estimates for S&W Seed Co.’s Q3 2017 earnings at $0.05 EPS, Q4 2017 earnings at $0.12 EPS, FY2017 earnings at $0.04 EPS, Q2 2018 earnings at $0.02 EPS, Q3 2018 earnings at $0.07 EPS, Q4 2018 earnings at $0.14 EPS and FY2018 earnings at $0.12 EPS.

Separately, Roth Capital set a $8.00 price objective on shares of S&W Seed Co. and gave the stock a “buy” rating in a report on Wednesday, September 14th.

S&W Seed Co. (NASDAQ:SANW) traded up 1.4412% during midday trading on Monday, hitting $4.9199. 6,199 shares of the stock traded hands. The company’s 50-day moving average is $4.81 and its 200 day moving average is $4.50. S&W Seed Co. has a 12-month low of $3.90 and a 12-month high of $5.10. The firm has a market cap of $84.46 million, a P/E ratio of 245.9950 and a beta of -0.32.

S&W Seed Co. (NASDAQ:SANW) last announced its quarterly earnings results on Thursday, September 15th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. S&W Seed Co. had a net margin of 0.38% and a return on equity of 0.67%. The company had revenue of $34.60 million for the quarter. During the same quarter in the prior year, the firm posted $0.05 earnings per share. The business’s revenue was up 20.6% on a year-over-year basis.

In related news, major shareholder Wynnefield Partners Small Cap bought 18,038 shares of the firm’s stock in a transaction on Monday, June 27th. The shares were bought at an average cost of $4.25 per share, for a total transaction of $76,661.50. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 11.50% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC increased its position in S&W Seed Co. by 11.5% in the first quarter. Geode Capital Management LLC now owns 47,087 shares of the company’s stock worth $196,000 after buying an additional 4,843 shares in the last quarter. Kennedy Capital Management Inc. increased its position in S&W Seed Co. by 13.8% in the first quarter. Kennedy Capital Management Inc. now owns 744,296 shares of the company’s stock worth $3,111,000 after buying an additional 90,360 shares in the last quarter. Renaissance Technologies LLC increased its position in S&W Seed Co. by 9.6% in the first quarter. Renaissance Technologies LLC now owns 74,500 shares of the company’s stock worth $311,000 after buying an additional 6,500 shares in the last quarter. Price Michael F increased its position in S&W Seed Co. by 25.8% in the first quarter. Price Michael F now owns 3,113,423 shares of the company’s stock worth $13,014,000 after buying an additional 638,701 shares in the last quarter. Finally, Essex Investment Management Co. LLC bought a new position in S&W Seed Co. during the second quarter worth approximately $326,000. 60.97% of the stock is owned by hedge funds and other institutional investors.

About S&W Seed Co.

S&W Seed Company is a producer and distributor of alfalfa seed around the world. The Company’s alfalfa seed business encompasses the production, breeding and sale of non-dormant and dormant conventional varieties, and the potential for production and sale of genetically modified organism (GMO) varieties.

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